Super Aguri could make a surprise race to Grand Prix racing next year, according to reports from Japan.

The Honda powered operation that withdrew from the sport at the start of last year because of lack finance is considering an early return.

Team boss and ex-F1 racer Aguri Suzuki said he will be attempting to take one of the three new team slots up for grabs in 2010.

What inspired him to consider a return less than 18 months after his emotional departure was the new £40m budget cap set to revolutionise the cost of competition.

FIA President Max Mosley is dangling the possibility of credible, competitive cars, for a quarter of current budgets because those who refuse to follow the cost restrictions will be forced to compete within rougher technical limitations.

"If it's physically possible I would certainly like to return," said Suzuki.

Super Aguri quit the sport after behind-the-scenes machinations in the paddock resulted in a major sponsorship deal collapsing and backers Honda refusing to continue to carry a majority of the £150m cost as well as financing their own operation from Brackley.

Honda pulled out of Formula 1 at the end of last year citing the credit crunch and falling car sales.

But they are likely to be re-considering their actions in light of the fact that their team, renamed Brawn, financed by their £100m pay-off is now leading and favourites to win the world championship.

At an emotional press conference last year Suzuki slammed Formula One at an emotional news conference saying: "It's a club full of piranhas"